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Investor Presentaiton

Exploration: Gwalia Deep Drilling Program Long Section Looking West Recent Diamond Drill Hole Previous Diamond Drill Hole Intersection Recent Drilling Result Planned Target Main Lode South West Branch South Gwalia Series West Lode Development Stoping GWDD131 0.3m @ 6.9g/t (ML) 4.2m @ 3.0g/t (SWB) 2.7m @ 4.3g/t (SGS) 1.2m @ 15.8g/t (WL) GWDD17A 1.8m @2.2g/t (ML) 4.0m @ 2.7g/t (SWB) 2.2m @ 2.0g/t (SGS) GWDD17 1.6m @6.2g/t (ML) 1.1m @ 1.6g/t (SWB) 6.5m @ 5.5g/t (SGS) Open Recent Diamond Drilling- Underground Development at 1,560mbs GWDD17B In Progress 017-022 Gwalia Drawn January 2016 St Barbara LIMITED GWDD13J 1.8m @ 5.9g/t (ML) 2.6m @67.2g/t (SWB) 4.1m @ 5.7g/t (SGS) 1.1m @ 3.1g/t (WL) GWDD13K 1.4m @ 1.4g/t (ML) 3.5m @ 25.3g/t (SWB) 12.0m @ 3.0g/t (SGS) GWDD13L 250m 1,500mbs 1,800mbs 2,000mbs Lode Extensions 0.6m @ 2.7g/t (ML) 3.9m @0.9g/t (SWB) 11.2m 5.6g/t (SGS) 2,200mbs Gwalia Deep Drilling Program The full drilling program is aimed at delineating an indicated resource to support the planned shaft studies. Refer reportĀ¹ for full results of recent 6 holes that successfully intersected mine sequence > South West Branch intercepts similar to 1,100 1,300 mbs, significantly thinner to levels currently being mined and in reserve. Further drilling through until Q1 Sep FY17 is planned to complete the program. > Program expected to create additional reserves (based on trucking). Materials. handling studies will continue. 1. For full explanation and results refer to ASX release 21 January 2016 'Quarterly Report December 2015' 17 Asia Investor Relations Roadshow / March 2016
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